Profitability and Adoption of New Technology and Implications for Agricultural Policy
Department and College
Department of Applied Economics in the College of Food, Agricultural and Natural Resource Sciences
Project Start and End Date
October 1, 2017-September 30, 2022
The research conducted under this project will provide an analysis of how current trends in the seed, chemical, and precision agriculture industries are affecting the pest management decisions of farmers and the consequences of these decisions on farm profitability, risk, pest and disease resistance, and environmental degradation. It will explore how these pest management decisions can be improved, possibly through the implementation of suitable agricultural policies, to enhance long-term farm profitability, or reduce risk and environmental degradation. Finally, it will evaluate how potential pest and disease challenges vary regionally in the U.S. as well as around the world. The key crops of interest for this research are maize, soybean, and wheat.